As a regulated financial services company, we are required to identify our customers, ensure compliance with applicable laws, and keep our platform safe for customer use. Circle will need to verify your identity to ensure we remain in compliance with Anti-Money Laundering requirements.

 

All of the information we collect is encrypted and securely stored.

We require institutions that wish to tokenize fiat currency into USDC/ EURC or redeem USDC/EURC for fiat currency to register and undergo KYC through our rigorous application. Customers will be prompted to start the Circle Mint registration process, which has two stages:

Stage 1: Basic

Circle gathers basic information about you and the institution you represent

• Business information
• Business address
• Representative information
• Expected activity

  

Stage 2: Advanced

Circle requires further information about your organization’s management and oversigh

• Incorporation information
• Financial supervision
• Ownership and directors
• Trading representatives  
• Banking and settlement details
• Institution and identity document request

  

Once you have submitted the required information, it will be reviewed by our team, who may reach out with further questions.

 

Once complete, a USDC/EURC representative will get in touch. If your account has been approved, it will be activated with Institutional Tokenization and Redemption limits. More information on limits is available here.

 

Additional Resources

Periodic Reviews: ensuring compliance and security